AppTech Payments Announces Commercial Launch of its Banking-as-a-Service (BaaS) Platform Following Successful Pilot Program
AppTech Payments Corp. - Common stock (APCX)
NASDAQ:AMEX Investor Relations:
apptechcorp.com/investor-relations
Company Research
Source: GlobeNewswire
CARLSBAD, Calif., May 16, 2024 (GLOBE NEWSWIRE) -- AppTech Payments Corp. (Nasdaq: APCX), a pioneering Fintech company powering frictionless commerce, announces today the successful completion of the pilot program for its Banking-as-a-Service (BaaS) platform. The Company will use this BaaS solution to commercially launch InstaCash, which utilizes the BaaS for virtual accounts, debit and credit cards, and high interest-yielding financial products. AppTech CEO Luke D’Angelo stated, “The success of our BaaS pilot program signifies a significant milestone as we continue our mission to democratize banking by providing small and medium-sized enterprises access to products traditionally reserved for Fortune 1000 companies. The availability of treasury products, including T-bills and other high yielding financial products are differentiators that we believe will help drive user growth as over 200 new Independent Sales Organizations are expected to utilize our BaaS platform in the near-te
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News
- AppTech Payments Announces Strategic Partnership with FISB Solutions to Upgrade Legacy Banking Systems [Yahoo! Finance]Yahoo! Finance
- AppTech Payments Announces Strategic Partnership with FISB Solutions to Upgrade Legacy Banking SystemsGlobeNewswire
- AppTech Payments Announces Commercial Launch of its Banking-as-a-Service (BaaS) Platform Following Successful Pilot Program [Yahoo! Finance]Yahoo! Finance
- AppTech Payments Corp. Reports Strong Start to 2024 with Positive First Quarter Financial Results and Strategic Business Advances [Yahoo! Finance]Yahoo! Finance
- AppTech Payments Corp. Reports Strong Start to 2024 with Positive First Quarter Financial Results and Strategic Business AdvancesGlobeNewswire
APCX
Sec Filings
- 5/31/24 - Form 8-K
- 5/14/24 - Form 10-Q
- 5/14/24 - Form 8-K
- APCX's page on the SEC website